Boatus. Purchase Agreement

4% return on purchases in Western Navy stores or online at WestMarine.com You make the offer, you have control of what the offer says. If you want to make the purchase of satisfactory survey results dependent and get your deposit in case of departure, make this part of your offer. There are many examples of forms out there on the interwebz… Here is one: my.boatus.com/consumer/Forms/boatus-purchase-agreement-form.pdf A boat sale invoice (also known as a boat purchase contract) is a document used to describe the terms of a transaction between a private seller and a buyer. This is a specific contract for the sale of a boat, and can be used for a motorized or non-motorized vessel, unless it is a documented vessel by the U.S. Coast Guard, registered by the U.S. government instead of being titled and numbered by a state (there are separate forms for the sale of a documented vessel). Sales contracts or contracts must contain the following minimum information: It is not necessary for a lawyer to write the contract, although this should be considered, especially if you are buying a high-end boat or if you have built a custom boat for you. Most merchants use printed contracts with their name and address, but “Fill-in-the-blanks” contract forms found in stationery stores or online is sufficient for private sale. (Or click here to download the BoatUS sales contract.) A chord in hand also serves the purpose. Whatever the form, both parties must sign the contract. If the sales contract requires the signature of the seller and the dealer`s employee, make sure both rooms are signed. The manufacturer`s original declaration (MSO) or certificate of origin (MCO) delivered to each new vessel contains the fuselage identification number (HIN) and the boat`s serial numbers.

The MSO or MCO indicates when the boat was built and handed over to the retailer for resale. You need the MSO if you register or document a new boat. If the boat is financed by a loan, the MSO is transferred to the lender; Otherwise, it will be included in the boat`s papers that will be given to you at the time of purchase. You or the loan company must receive the MSO if you accept the delivery. If this is not the case, contact the boat manufacturer immediately. Without the MSO, you cannot register the boat or meet the insurance requirements. If there is a clause in the agreement that states that “the purchase depends on the buyer accepting the results of the investigation” and the down payment is refunded, yes. If a trailer is sold with the boat, it is also listed separately with its vehicle identification number (VIN). The agreement is expected to include a separate selling price for the boat, outboard engine and trailer.